LAS VEGAS and ATLANTA, Oct. 3,
2019 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") announced the Florida Lottery (the "Lottery") has
selected Scientfic Games as its primary instant games provider
through 2027, continuing a more than 30-year partnership on
Scratch-Offs that grew the Lottery to one of the most successful in
the world. Partnering with Scientific Games, the Lottery has
experienced nine consecutive years of record instant game retail
sales and is perenially ranked among the Top 5 lotteries worldwide
for instant game per capita sales (La Fleur's Almanac).
The Company received the highest technical score from the
State of Florida for an overall
business solution that may generate up to $8.5 billion in funding for the Educational
Enhancement Trust Fund during the term of the agreement. Scientific
Games was chosen for its ability to continue to drive profits for
the Florida Lottery with innovative, high-performing Scratch-Off
games, advanced logistics and retailer optimization.
The new seven-year Scientific Games contract, which may be
extended by the Lottery up to an additional seven years, includes
an integrated portfolio of unique game content, products and
services designed to maximize Lottery proceeds. The Company will
provide its latest generation SciTrak Ultra®
suite of instant games management tools, SCiQ® intelligent
instant game retail ecosystem, analytics and insights and continued
use of exciting licensed properties such as MONOPOLY™ and
LOTERIA™ in Scratch-Off games, brands that are especially
popular with Florida players.
"We set out to sign a contract that allows us to continue
offering the best games possible at a cost-savings to the state,"
said Florida Lottery Secretary Jim
Poppell. "In collaboration with Scientific Games, the
Lottery will continue to offer best-in-class Lottery products,
emphasize our responsible gaming initiatives, and maximize revenues
in support of Governor DeSantis' bold vision for education in our
state."
Since 1997, Scientific Games Enhanced Partnership (SGEP)
has powered the Florida Lottery's instant games to perform 52%
better than the lottery industry average with a 10-year compound
average growth rate of 122%. SGEP begins and ends with
entertaining game content driven by analytics and insights,
managing every aspect of a Lottery's instant product portfolio from
game design to manufacturing, inside sales, warehousing,
distribution, and retailer programs.
John Schulz, Senior Vice
President Lottery Instant Products for Scientific Games, said, "We
are pleased the Florida Lottery chose Scientific Games for our
unique ability to grow profits to benefit so many students in the
state of Florida. We will continue
to provide our world class SGEP services to expertly manage
the full lifecycle of the Lottery's instant games, as well as the
great licensed brands that Florida
players love."
Scientific Games launched the world's first secure retail
instant game in 1974, the first digital instant game in the U.S. in
2014, and is the leading provider of lottery interactive games,
mobile apps, player loyalty programs and other interactive products
and services in the U.S. lottery industry. The Company is also the
fastest growing lottery systems technology provider in the U.S.
Scientific Games provides games, technology and services to more
than 150 lotteries around the globe, including nearly every North
American lottery.
LOTERIATM/©: Licensed by Don
Clemente, Inc. 2019. All Rights Reserved.
The MONOPOLY name and logo, the distinctive design of the game
board, the four corner squares, the MR.MONOPOLY name and character,
as well as each of the distinctive elements of the board and
playing pieces are trademarks of Hasbro for its property trading
game and game equipment. © 2019 Hasbro. All Rights Reserved.
Licensed by Hasbro.
© 2019 Scientific Games Corporation. All Rights Reserved.
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world
leader in entertainment offering dynamic games, systems and
services for casino, lottery, online gaming and sports betting.
Scientific Games offers the gaming industry's broadest and most
integrated portfolio of game content, advanced systems,
cutting-edge platforms and professional services. Committed to
responsible gaming, Scientific Games delivers what customers
and players value most: trusted security, engaging entertainment
content, operating efficiencies and innovative technology. For more
information, please visit scientificgames.com.
The information contained on, or that may be accessed through,
our website is not incorporated by reference into, and is not a
part of, this document.
Company Contacts:
SG Lottery
Communications:
Therese
Minella, APR +1 770-825-4219
Director, Lottery Communications
therese.minella@scientificgames.com
Corporate Communications:
Susan Cartwright +1
702-532-7981
Vice President, Corporate Communications
susan.cartwright@scientificgames.com
Forward-Looking Statements
In this press release, Scientific Games makes "forward-looking
statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
identified by words such as "will," "may," and "should." These
statements are based upon management's current expectations,
assumptions and estimates and are not guarantees of timing, future
results or performance. Therefore, you should not rely on any of
these forward-looking statements as predictions of future events.
Actual results may differ materially from those contemplated in
these statements due to a variety of risks and uncertainties and
other factors, including those factors described in our filings
with the SEC, including the Company's current reports on Form 8-K,
quarterly reports on Form 10-Q and its latest annual report on Form
10-K filed with the SEC on February 28,
2019 (including under the headings "Forward-Looking
Statements" and "Risk Factors"). Forward-looking statements speak
only as of the date they are made and, except for Scientific Games'
ongoing obligations under the U.S. federal securities laws,
Scientific Games undertakes no obligation to publicly update any
forward-looking statements whether as a result of new information,
future events or otherwise.
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SOURCE Scientific Games Corporation